Short Interest in Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Grows By 3,054.1%

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,167 shares, an increase of 3,054.1% from the January 15th total of 37 shares. Based on an average daily trading volume, of 3,903 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 3,903 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 13.3% in the second quarter. Envestnet Asset Management Inc. now owns 8,591 shares of the company’s stock valued at $434,000 after purchasing an additional 1,009 shares during the last quarter. CENTRAL TRUST Co purchased a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the 2nd quarter worth approximately $1,016,000. Trust Co. of Toledo NA OH bought a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the second quarter valued at approximately $49,000. Western Wealth Management LLC bought a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the second quarter worth $213,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the 4th quarter valued at $53,000.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

NYSEARCA RZG opened at $59.20 on Thursday. The firm has a market cap of $113.07 million, a P/E ratio of 18.78 and a beta of 1.19. Invesco S&P SmallCap 600 Pure Growth ETF has a one year low of $40.48 and a one year high of $59.76. The stock’s 50-day moving average is $56.75 and its 200-day moving average is $54.71.

Invesco S&P SmallCap 600 Pure Growth ETF Company Profile

Guggenheim S&P SmallCap 600 Pure Growth ETF (the Fund) seeks to replicate as the performance of the S&P SmallCap 600 Pure Growth Index (the Index). The Fund invests in sectors, such as energy, consumer staples, industrials, financials, materials, healthcare, consumer discretionary, information technology and telecommunication services. Security Investors, LLC, which operates under the name Rydex Investments, serves as the investment adviser of the Fund. State Street Bank and Trust Company acts as the administrator of the Fund.